Empty shelves could be coming by next month and a recession will arrive this summer, according to an economist.
Category: unemployment
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Bridgewater has a dire warning about the trade war
Bridgewater Associates has a dire warning about President Donald Trump’s trade war: It’s increasing the “probability of a recession.”
Tumbling stocks, recession fears, and a retail surge: Markets news roundup
As markets swing wildly on tariff headlines and economic uncertainty, a curious split is emerging: Retail investors are diving in, while institutional players are stepping back. Even as big banks report blowout trading revenue, the underlying behavior suggests churn — not conviction.
Doge unemployment ‘fraud’ discoveries are old finds from Biden era, experts say
Exclusive: Some aren’t even fraud but rather known attempts by states to protect victims of identity theft, former top official says
In a series of late-night posts on X last week, Elon Musk and his so-called “department of government efficiency” revealed the seemingly startling findings of their “initial survey” into unemployment benefits.
They cited examples of claimants who were deceased, between one and five years old, or not born yet. They even cited one case of someone with a listed birthday in 2154 allegedly claiming $41,000.
- Ray Dalio is worried about ‘something worse than a recession’
Ray Dalio, the billionaire hedge fund manager of Bridgewater Associates, said over the weekend that he’s worried about “something worse than a recession” because of President Donald Trump’s trade war.
Delta Air Lines is sending a warning about the economy
Delta Airlines dropped its 2025 outlook as the company warned that growth has largely stalled due to “broad economic uncertainties around global trade,” particularly stemming from tensions related to President Donald Trump’s tariffs.
- BlackRock’s Larry Fink says most CEOs think a recession is already here
As recession fears grow, the CEO of the world’s largest asset manager thinks one is already here — and he says he’s not alone.
- Warren Buffet’s market wisdom when stocks fall is all in this 19th century poem
This week, President Donald Trump’s new tariffs sent shockwaves through the stock market, triggering a sharp sell-off as investors reacted to escalating trade tensions between the U.S. and China.
- A good jobs report probably won’t keep the Fed from cutting interest rates, economists say
The better-than-expected jobs numbers for March are relics of a bygone era in the U.S. economy and won’t stand in the way of the Federal Reserve cutting interest rates later this year, some economists said.
